Partnership firms must comply with several key regulations, including registering a partnership deed, obtain a PAN and TAN, filing under GST if applicable, and filing annual income tax returns. They must also maintain proper books of accounts, comply with business specific licenses and adhere to several labour law compliances
Choose your Package
(All Inclusive)
(All Inclusive)
(All Inclusive)
Required if the business has a physical presence. The license must be obtained from the local municipal corporation.
Partnership firm needs to comply and file returns under business specific licenses such as FSSAI, IEC, Health licenses, Pollution control licenses etc.
Preparation of financial statements, maintaining books of accounts and ledgers are required to keep track of the business’s financial health.
Regular filing of GST returns (monthly, quarterly, and annually) if registered under GST.
The partnership firm must file their income tax return annually, declaring the business income along with any other personal income. This is usually filed under ITR-3 or ITR-4 forms.
If the turnover exceeds ₹1 crore (business) or ₹50 lakh (professional), or if the profits are less than 8% of the turnover, an audit by a certified Chartered Accountant is required.
As a registered OPC, businesses needs to comply with such as minimum wage, overtime, working hours, discrimination, and harassment.
It applies to establishments registered in India, employing 50 or more ( 20 to 50 for Maharashtra) contract labours on a day in the past 12 months. The contractor needs to file half Yearly Return as per Form XXIV to be filed by the contractor within 30 days of close of half year and annual Return to Filed by Principal Employer in Form XXV.
24x7 Customer Services
Our dedicated team is available 24/7 to assist you with any inquiries or concerns.
Cost effective
We provide affordable services tailored to your needs, ensuring you get the most value for your investment.
Professional Assistance
A team of CA, CS, CMA, and lawyers is always available to provide you with professional guidance regarding company registration.